FORM 10f-3

EX-99.77O RULE 10F-3 3 flistr2177o.htm FORM 10f-3

FORM 10f-3

THE BLACKROCK FUNDS

Record of Securities Purchased

Under the Trust’s Rule 10f-3 Procedures

Name of Purchasing Portfolio: BlackRock Senior High Income Fund, Inc. (ARK), Managed Account Series: High Income Portfolio (BATS-HINC), BlackRock Floating Rate Income Trust (BGT2), BlackRock Strategic Bond Trust (BHD), BlackRock Defined Opportunity Credit Trust (BHL), BlackRock High Yield Trust (BHY), BlackRock Limited Duration Income Trust (BLW), BlackRock High Income Fund (BR-HIINC), BlackRock High Yield Bond Portfolio (BR-HIYLD), BlackRock High Income Portfolio (Ins - Series) ( BVA-HI), BlackRock High Income V.I. Fund (Ins - Var Ser) ( BVA-HY), BlackRock Corporate High Yield Fund, Inc. (COY), BlackRock Corporate High Yield Fund III, Inc. (CYE), BlackRock Debt Strategies Fund, Inc. (DSU), BlackRock Diversified Income Strategies Fund, Inc.(DVF), BlackRock Floating Rate Income Strategies Fund, Inc. (FRA), BlackRock Floating Rate Income Strategies Fund II, Inc. (FRB), BlackRock High Income Shares (HIS), BlackRock Corporate High Yield Fund VI, Inc.(HYT), BlackRock Corporate High Yield Fund V, Inc. (HYV), Master Senior Floating Rate LLC (MF-SFR), CoreAlpha Bond Master Portfolio (MIP_CORA), MIST BlackRock High Yield Portfolio (MIST-HY)

Issuer: CONSOL Energy Inc.

Date of Purchase: 03/25/2010

Underwriter from whom purchased: RBS Securities Inc.

Name of Affiliated Underwriter (as defined in the Trust’s procedures) managing or participating in syndicate: PNC Capital Markets LLC

List Members of Underwriting Syndicate: Banc of America Securities LLC, PNC Capital Markets LLC, RBS Securities Inc., Mitsubishi UFJ Securities (USA) Inc., Wells Fargo Securities LLC, Scotia Capital (USA) Inc, U.S. Bancorp Investments, Inc., Santander Investment Securities Inc., The Huntington Investment Company

Aggregate principal amount purchased (out of total offering) (if an equity offering, list aggregate number of shares purchased (out of total number of shares offered: (ARK) $500,000 out of $1,250,000,000, (BATS-HINC) $510,000 out of $1,250,000,000, (BGT2) $900,000 out of $1,250,000,000, (BHD) $555,000 out of $1,250,000,000, (BHL) $250,000 out of $1,250,000,000, (BHY) $255,000 out of $1,250,000,000, (BLW) $1,500,000 out of $1,250,000,000, (BR-HIINC) $6,250,000 out of $1,250,000,000, (BR-HIYLD) $13,750,000 out of $1,250,000,000, (BVA-HI) $300,000 out of $1,250,000,000, (BVA-HY) $725,000 out of $1,250,000,000, (COY) $1,390,000 out of $1,250,000,000, (CYE) $1,510,000 out of $1,250,000,000, (DSU) $1,250,000 out of $1,250,000,000, (DVF) $275,000 out of $1,250,000,000, (FRA)$750,000 out of $1,250,000,000, (FRB) $300,000 out of $1,250,000,000, (HIS) $700,000 out of $1,250,000,000, (HYT) $2,350,000 out of $1,250,000,000, (HYV) $2,225,000 out of $1,250,000,000, (MF-SFR) $1,200,000 out of $1,250,000,000, (MIP_CORA) $1,600,000 out of $1,250,000,000, (MIST-HY) $4,140,000 out of $1,250,000,000.

Aggregate principal amount purchased by funds advised by BlackRock and any purchases by other accounts with respect to which BlackRock has investment discretion (out of the total offering) (if an equity offering, list aggregate number of shares purchased (out of total number of shares offered)): $90,000,000 out of $1,250,000,000

Purchase price (net of fees and expenses): $100

Date offering commenced (if different from Date of Purchase):

10.

Offering price at end of first day on which any sales were made:

11.

Have the following conditions been satisfied:

Yes

The securities are part of an issue registered under

the Securities Act of 1933, as amended, which

is being offered to the public, or are Eligible Municipal

Securities, or are securities sold in an

Eligible Foreign

Offering or are securities sold in an Eligible Rule 144A

Offering or part of an issue of government

securities.

_X ___

The securities were purchased prior to the

end of the first day on which any sales

were made, at a price that was not more

than the price paid by each other

purchaser of securities in that offering

or in any concurrent offering of the

securities (except, in the case of an

Eligible Foreign Offering, for any rights

to purchase required by laws to be granted

to existing security holders of the

Issuer) or, if a rights offering, the

securities were purchased on or before the

fourth day preceding the day on which the

rights offering terminated.

___

The underwriting was a firm commitment

underwriting.

___

The commission, spread or profit was

reasonable and fair in relation to that

being received by others for underwriting

similar securities during the same period.

___

In respect of any securities other than

Eligible Municipal Securities, the issuer

of such securities has been in continuous

operation for not less than three years

(including the operations of predecessors).

___

Has the affiliated underwriter confirmed

that it will not receive any direct or indirect

benefit as a result of BlackRock's participation

in the offering?

_X ____

Approved by: _ _ _Mitch Garfin & Miguel Cota_ Date: ___04-21-10______